Prime Development Opportunity – Offered at Land Value! Ideally situated in a desirable neighbourhood, this approximately 5,800 sq. ft. flat, level lot presents an excellent opportunity for builders, developers, and investors. Surrounded by newer homes and conveniently located near UVIC, Camosun College, Hillside Mall, and major amenities. This is an opportunity to secure a property with significant redevelopment potential. Plans and permits for a duplex are in place. A demolition permit has been applied for, potentially helping streamline the development process. The existing dwelling is considered a teardown, making this an ideal opportunity to focus on the land and its future possibilities. Currently tenanted at $2,200/month, the property provides rental income while you plan your next steps. A rare opportunity to build in a prime location. Sold AS IS, WHERE IS. Buyers are to verify all permits, plans, measurements, development potential, and requirements to their own satisfaction. (id:2493)
Data was last updated November 15, 2026 at 09:15 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$847,000
Min list price:
$299,900
Max list price:
$1,800,000
Avg days on market:
47
Min days on market:
4
Max days on market:
143
Avg price per sq.ft.:
$570.65
These statistics are generated based on the current listing's property type
and located in
Oaklands. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
